techtrail

Tech Mahindra: Awaiting Breakout

NSE:TECHM   TECH MAHINDRA
This stock has been consolidating in a right range and the IT stocks have been relative out-performers off-late. A breakout above the cloud would be a positive development and could help the stock seek next resistance at 570-580 range.

This one is in my watchlist.
It is also in my watchlist as well. Forming a symmetrical triangle/pennant on hourly chart.

snapshot



Wish you the best,

Regards
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